Lloyds dives 40% on HBOS £10bn black hole

Enigma266

War Hero
Thats me a tad poorer then! I like the fact that £1 million salary is considered "relatively modest!" 8O
 

TheKing

Old-Salt
My instinct is to spend a quick £150 an buy LLOY but it was at 44p a month ago, so not enough of a dip. Secondly, Lloyds is clearly on its last legs now.
 

freedomman

War Hero
Yup.

BBC website kept increasing the amount over the course of half an hour.
Started at £6.5bn, went through £8.5bn and now seems to have settled at £10bn.

The FT shareprice tracker is priceless:
Wheeeee!!!!!

Check out the trading volumes at the bottom. Approx ten mins before the announcement some fecker decides 'on a whim' to dump everything....
 
Christ, last time I saw a drop like that was on a ride at Alton Towers.
 

mercurydancer

LE
Book Reviewer
So now we know where the UK's toxic debt has gone.
 

Argee2007

War Hero
mercurydancer said:
So now we know where the UK's toxic debt has gone.

The man at HBOS who has sold this debt onto the UK taxpayers will earn at least a £10 million bonus this year :lol:
 

mercurydancer

LE
Book Reviewer
Argee

I dont doubt for one minute that Broon and Captain Darling didnt know that the HBOS banker was in for a ten million pound bonus. They should have stopped it.

Obama... please make us the next US State... and hurry.
 

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